Central banks worldwide are unified in seeking to anchor expectations for future inflation, but that does not mean they will all go about it in the same way, policymakers said Monday.
Brent crude rose as high as $118.50 a barrel and U.S. oil hit its highest level since September 2008 on Monday on concern over wider supply disruptions in the Middle East before both markets pared gains.
The Gold Price rose new all-time highs vs. a falling US Dollar on Monday morning in London, hitting almost $1445 per ounce as European stock markets held flat and major-economy government bonds slipped, nudging interest rates up.
Gold climbed to a record high above $1,440 an ounce on Monday as the threat of violence spreading in the Middle East and North Africa pushed oil prices to 2-1/2 year highs and burnished the metal's safe-haven appeal.
Stocks edged higher on Monday as a flurry of acquisition activity boosted optimism about share prices and oil prices eased from earlier highs sparked by tensions in the Middle East.
About 1,000 illegal migrants fleeing unrest in North Africa have landed on the Italian island of Lampedusa overnight in a dozen or so boats, intensifying fears that a massive influx of people from Tunisia, Libya and other places will soon reach Europe’s shores.
The Federal Reserve cannot rule out expanding its $600 billion stimulus as political upheaval in the Middle East and North Africa heighten U.S. economic uncertainty, a top Fed official said on Monday.
Stock index futures rose on Monday, indicating Wall Street will recover from Friday's losses even as oil prices continued to spike on unrest in the Middle East and North Africa.
Fears of a civil war and a looming humanitarian crisis grew in Libya as forces loyal to Muammar Gaddafi escalated attacks on rebel-held cities in a bid to recapture control, causing dozens of deaths and mass exodus of people.
Here's a slideshow on places depicting the diverse culture and rich history of the Arab countries, which are going through a phase of political turmoil and civil unrest.
Bahrain's crown prince warned all sides against escalating a standoff with disgruntled majority Shi'ites seeking an elected government in the Gulf Arab kingdom, asking for patience ahead of a national dialogue.
U.S. stocks ended lower on Friday as a spike in oil prices (driven by deepening unrest in Libya) overshadowed a strong February jobs report.
The Kenyan shilling was steady against the dollar on Monday, and traders said it was likely to weaken due to demand for dollars from oil importers.
Rebels in eastern Libya have captured members of a British special forces team but the issue will be resolved shortly, rebel sources said on Sunday.
Troops loyal to Muammar Gaddafi have launched counter-offensives against rebel-held towns, increasing fears that Libya is heading for a civil war rather than the swift revolutions seen in Tunisia and Egypt.
Crude oil prices jumped to a 2-1/2-year peak on Monday as worries about supply disruption increased due to widening clashes in Libya, while world stocks fell on concern sustained high oil prices could hurt growth.
Food, not oil, may prove to be the bigger threat to global growth, with the pain falling disproportionately upon the developing economies that powered the latest economic recovery.
Crude oil prices rose to 2-1/2 year highs on Monday on heightened worries about supply disruption due to deepening unrest in Libya, while Asian stocks slipped as concerns about the Middle East and higher energy prices weighed on equities.
U.S. stocks ended lower on Friday as a spike in oil prices (driven by deepening unrest in Libya) overshadowed a strong February jobs report.
North Korea is facing many of the same issues that led to revolutions from Tunisia and Egypt to Libya, but what are the chances of a similar uprising in the authoritarian Asian state?
Gold rose above $1,430 an ounce on Friday, while silver surged 3 percent to 31-year highs, as soaring oil prices fueled by widening clashes in Libya prompted investors to pile into safe havens.
Savage fighting has erupted again in the strategic Libyan city of al-Zawiyah, raising the specter for a prolonged civil war between forced loyal to and opposed to Moammar Gaddafi
